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Fort Pontchartrain hotel owners are reviving plans for second tower

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The investment group, now called the Fort Pontchartrain Hotel Downtown, wants to revive a long-running plan to build a second hotel tower on the property, Crane has learned.

A Mexican and European investor group called Operadora de Servicio para Hoteles de Lujo, which owns the hotel at 2 Washington Blvd. The property has in recent weeks requested proposals for an economic feasibility study for an additional 390 rooms, according to a source who has requested anonymity, under which 40 apartments will also be for sale.

Further details about the plan are not yet known. Messages were left with two hotel representatives on Tuesday and Wednesday.

The renewed effort comes as other developers try to add to the downtown hotel stock as major events like the NFL Draft in 2024 and the NCAA Men’s Basketball Final Four take place in 2027.

But there have been plans for years to build a second tower for the hotel.

Crain first reported on them in 2015, and they returned in 2018 as a 498-room proposal in a 28-story expansion with an estimated price tag of $164 million.

However, several months after the resurgence, the owners of what would be called the Crowne Plaza Downtown Detroit Riverfront put the brakes on the proposal when members of the Detroit City Council called for a union to represent the hotel employees and called for a neutrality agreement. Crane reported in September 2018.

Gerardo Carreño, asset manager for the hotel’s owners, told Crain’s four years ago: “We are not passing up this opportunity; we will keep it in line until the right moment.” “In the meantime, we will focus on other markets, but we are still fully committed to Detroit with our current operation.”

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Elected officials also raised concerns in the mid-1960s about the hotel’s upkeep and staff salaries—concerns that the owner misinterpreted.

Last year, the owner of the hotel changed its name to Fort Pontchartrain, a Wyndham Hotel, and later reopened the Top of the Ponch restaurant.

The name paid homage to the Hotel Pontchartrain, which stood at the corner of Cadillac Square and Woodward Avenue in downtown from 1907 to 1920 before being torn down to be replaced by the First National Building, according to Historic Detroit, which is home to Detroit’s buildings. represents. Tracks and architecture.

Fort Pontchartrain du Détroit was founded in 1701 by the French under Antoine Laumet de la Mothe Cadillac as a permanent military outpost that was the first European settlement of Detroit.

It reopened nine years ago after a $5 million renovation to the rooms, restaurant and lobby, as Crain’s reported in July 2013. The owners bailed it out of bankruptcy in 2012 for $8.5 million.

Source: www.crainsdetroit.com

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